For detailed instructions, refer to the tip sheets Create a New Expense Report and Complete the Expense Report Header. When finished, click the Itemization tab next to the Details tab (Figure 3).

Standard deduction vs. itemized deductions What is the standard deduction? When taking the standard deduction is better Standard deduction: Pros and cons What are itemized deductions? When ...

When it’s time to file your return, there’s typically two ways to take them – the standard deduction, a single, fixed amount the IRS lets you deduct, or itemized deductions, where you add up ...

(Until some politician comes along in the future to change it.) Back in the Obama days, we had this thing called Miscellaneous Itemized Deductions (Employee Business Expenses, Tax Preparation Fees, ...

When preparing their taxes, filers often forget to gather receipts for valuable itemized tax deductions. While the vast majority of taxpayers will now take the standard deduction instead of ...